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Co-development alliances are formed to create new capabilities (technologies, products, services, processes, etc.) that partner organizations need in order to reach their goals. They involve the combination of competencies, and other intangible assets. These alliances typically face a high level...
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This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R … resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the …
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This paper provides a novel theory of research joint ventures for financially constrained firms. When firms choose R … resources, increase the variety of pursued projects and thereby increase the probability of discovering the innovation. RJVs … improve innovation outcomes when market competition is weak and external financing conditions are bad. An RJV may increase the …
Persistent link: https://www.econbiz.de/10013362245
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The recent years have exhibited a burst in the amount of collaborative activities among firms selling complementary products. This paper aims at providing a rationale for such a large extent of collaboration ties among complementors. To this end, we analyze a game in which the two producers of a...
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We use a simple model of collaborative innovation to structure an empirical analysis of minority equity links in …
Persistent link: https://www.econbiz.de/10011560910
The authors develop an agent-based model to reproduce the size distribution of R&D alliances of firms. Agents are uniformly selected to initiate an alliance and to invite collaboration partners. These decide about acceptance based on an individual threshold that is compared with the utility...
Persistent link: https://www.econbiz.de/10011758324